The Pioneer Legacy of the Texas Panhandle
David Nichols McBride and his wife Abigail moved with their family to a wooded canyon near the Canadian River in 1897. The tract consisting of one section of "watered homestead" and three alternate sections of school land was located in the center of the LX Ranch, then owned by the American Pastoral Company of London. Upon proof of three years' occupancy, McBride was issued a patent for the land in 1901. The homestead section cost three dollars an acre and the grazing section one dollar an acre. The McBrides had 40 years to pay it off at three percent interest.